NOT LISTED FOR SALE

2809 Colfax Ave S Minneapolis, MN 55408

Lowry Hill East Neighborhood

Estimated Value: $446,000 - $545,000

2 Beds
1 Bath
2,100 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $171,900 $82 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,307/month

1 Day on Market

About This Home

As of March 2015

Updated clean main floor 3 bedroom duplex in the Highly desirable uptown wedge. 1/2 block from the Greenway bike trail two blocks from groceries and target and three blocks from restaurants and bars.
Three offstreet parking spaces available.
Private laundry room with free washer and dryer.
This unit is available September 1

Last Agent to Sell the Property

Steve Havig

Lakes Area Realty Listed on: 02/05/2015

Co-Listed By

Ricardo Sereno

Lakes Area Realty

Last Buyer's Agent

Jason Reed

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,417

Year Built

  • Built in 1963

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35x101

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,417

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Projected Closed Date: 03/20/2015
  • Stories: 2 Story
  • Taxes With Assessments: 3417
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1800
  • Total Fin Square Footage: 2100
  • Below Grade Finished Sq Ft: 300

Exterior Features

  • Exterior: Brick

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 35x101

Building Info

  • Year Built: 1963

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 3417

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2018
Sold by
Green Investments Llc
Bought by
Kungel Kevin L and Kungel Nina A
Current Estimated Value
$493,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 20, 2015
Sold by
Fahling Fka Martha Deason Martha Mart
Seller's Agent
Steve Havig
Lakes Area Realty
Buyer's Agent
Jason Reed
RE/MAX Results
List Price
$179,000
Sold Price
$171,900
Premium/Discount to List
-$7,100
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Jan 2, 1997
Sold by
American Housing Trust
Bought by
Deason Martha
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kungel Kevin L $440,000 Gibraltar Title Agency Llc
-- $171,900 --
Deason Martha $75,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kungel Kevin L $297,631
Closed Kungel Kevin L $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 For Rent $1,850 0.0% --
03/20/2015 03/20/15 Sold $171,900 -4.0% $82 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $179,000 -- $85 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,232 $453,000 $126,000 $327,000
2022 $7,745 $479,000 $119,000 $360,000
2021 $7,279 $456,000 $89,000 $367,000
2020 $6,987 $445,000 $42,900 $402,100
2019 $6,519 $395,000 $28,600 $366,400
2018 $5,934 $359,000 $28,600 $330,400
2017 $5,612 $299,500 $26,000 $273,500
2016 $3,602 $253,000 $26,000 $227,000
2015 $3,586 $233,500 $26,000 $207,500
2014 -- $207,500 $29,300 $178,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steve Havig

    Lakes Area Realty

  • R

    Seller Co-Listing Agent in 2015

    Ricardo Sereno

    Lakes Area Realty

  • J

    Buyer's Agent in 2015

    Jason Reed

    RE/MAX

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4714724

REALTOR® Association of Southern Minnesota

APN: 33-029-24-44-0048

Minnesota Hennepin County Minneapolis 55408 Lowry Hill East

2809 Colfax Ave S, Minneapolis, MN

This home is located at 2809 Colfax Ave S, Minneapolis, MN 55408 since 05 February 2015 and is currently estimated at $493,782, approximately $235 per square foot. This property was built in 1963. 2809 Colfax Ave S is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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